Decline in Domestic Demand After the Olympics and Paralympics
First written in FY2016. 1 of 2 entries say "Reframed", first in FY2020. Latest entry: FY2020.
Gecoss moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 4 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2020ReframedAnnual report
「Meanwhile, in response to the economic deterioration and project cancellations and delays in progress caused by the spread of COVID-19 and the postponement of the Olympic and Paralympic Games, among other factors, we will plan and implement measures earlier and more proactively than before.」
The wording has changed from the long-term risk of declining domestic demand after the Games to responding to economic deterioration and project cancellations and delays in progress caused by the postponement of the Olympic and Paralympic Games, among other factors. - FY2016First statedAnnual report
「After demand related to the Olympic and Paralympic Games runs its course, domestic demand may enter a declining trend and the operating environment may again face challenging conditions.」
In anticipation of this contraction in demand, the company is pursuing peripheral fields, overseas business, new products and new businesses as growth drivers.